
CBS News
Feb 1, 2022
With constant growth, many IT companies all around the world are leaning towards a low-carbon future by embracing renewable energy sources like solar, wind and geothermal
The share of renewables in the global electricity scene jumped to 29% in 2020. With constant growth, many IT companies all around the world are powering towards a low-carbon future by embracing renewable energy sources like solar, wind, geothermal and so on.
Tech companies that have committed to ambitious green energy goals, let’s take a look at how they have been doing it. Facebook - The social media giant has reached its environmental goal and purchased enough renewable energy to run all of its operations around the world. They offset the emissions by investing in reforestation and other carbon-removal projects. Facebook’s carbon emission has fallen by 94% in 3 quarters according to its sustainability report. Microsoft announced a few years ago saying it would erase its entire carbon footprint since its founding through carbon offsets and have laid a few milestones to reach the target.
By 2025, it aims to reduce the emissions from its direct operations to “near zero” through gains in energy efficiency and using 100% renewable energy. By 2030, it has committed to reducing by at least 50% its direct emissions and those from its supply chain. Google has been offsetting its emissions since 2017 and plans to run all its operations on renewable energy by 2030. In 2016, Google was able to cover 57 percent of its energy use with renewables. The company says it signed a record number of contracts for new wind and solar projects that year, which started to come online over the course of 2017. Google currently has 26 renewable energy projects around the world, and more in the pipeline. Apple announced that over 110 of its manufacturing partners around the world are moving to 100 percent renewable energy for their production, with nearly 8 gigawatts of planned clean energy.
We are helping our suppliers become carbon neutral by 2030. Google, Microsoft, Intel, Walmart, Apple, Wells Fargo, Samsung, Starbucks, Johnson & Johnson, Dell, , Hp, H&M, IBM, all these companies are partnered with Green Power National to purchase green power in an amount exceeding 100 percent of their U.S. organization-wide electricity use. Renewable energy has become a lot less expensive in a short amount of time. Exploding corporate interest in renewable energy has driven down the costs of large-scale wind and solar farms. In many parts of the U.S., it's now cheaper to build a new wind farm than to keep an existing coal plant running. It is an inspiration to see the companies of the future making steps to be more sustainable. Moving towards a greener future should be a goal for small businesses as well.